How Much Do State-Owned Enterprises Contribute to China’s GDP and Employment?
A large sector of state-owned enterprises (SOEs) is well known as the hallmark of the Chinese economy. But exactly how much do they contribute to the country’s gross domestic product (GDP) and employment? Since available statistics do not provide a...
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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/449701565248091726/How-Much-Do-State-Owned-Enterprises-Contribute-to-China-s-GDP-and-Employment http://hdl.handle.net/10986/32306 |
| Summary: | A large sector of state-owned
enterprises (SOEs) is well known as the hallmark of the
Chinese economy. But exactly how much do they contribute to
the country’s gross domestic product (GDP) and employment?
Since available statistics do not provide a straightforward
answer, this note attempts to make some estimations. In
conclusion, estimations in this note suggest that the share
of SOEs in China’s GDP should be twenty-three to
twenty-eight percent and their share in employment can be
anywhere between five and sixteen percent in 2017. |
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